HUDCO IPO is the first IPO by a central PSU under disinvestment since April, 2012
GN Bureau | May 13, 2017
The initial public offering (IPO) of HUDCO, a Miniratna enterprise, witnessed an exceptional level of interest and the issue was oversubscribed by more than 79 times.
This is the highest level of oversubscription witnessed in a divestment by the centre through IPO route, according to an official statement. The HUDCO IPO is the first IPO by a central public sector enterprise (CPSE) under disinvestment since April, 2012.
The IPO received more than 20 lakh applications, which is the highest number of applications received in an IPO post security and exchange board of India (SEBI) making mandatory use of applications supported by blocked amount (ASBA) mode for all categories of investors.
Survival at Stake: How Our Treatment of Animals Is Key to Human Existence By Poorva Joshipura HarperCollins, 328 pages, Rs 499 With science now recognising animal consciousness, intelligence, emotion, and even morality, there must rise an awareness of
India`s tryst with trade through the Arctic regions, including the Northern Sea Routes (NSR), has become an impact-making endeavor recently. The Arctic of yore is now a pivot – point of geopolitics, of climate change discussions, and for economic opportunities; 40% of oil and gas reserves said to be
Investing Decoded: Simple Path To Building A Portfolio In Millions By Anirudh Rathore Penguin India, 320 pages, Rs 499
Deepfake has emerged as a serious threat to democracy and social institutions across the world. Propagation of deepfake content via social media platforms has aggravated this challenge. Ministry of Electronics and Information Technology (MeitY) has, from time to time, advised social media in
Two level of roads not enough, BMC to have triple traffic jams through underground junctions There is no shortage of short-sighted traffic experts who believe that creating more vertical space (either above or below the level) in already overcrowded and congested cities will be cou
The Election Commission of India’s persistent efforts have led to a significant and exponential increase in seizures in the five poll-going states of Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana. Seizures over Rs 1,760 crore have been reported in these five states since the announce